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BSL: Bahama Seaways Limited What are the PRE extensions on the websites being listed. Example from previous post, bsl, pas, pcl?
PCL: PanAmerican Cruiselines
PAS: PanAmerican Seaways
Prefixes chosen by the developer (doing a grand job there, by the way, Mr. website developer!)as a means for navigation. Pretty straightforward IMO.
Although some believe that in order for PVE to be held accountable for what he represents to his shareholders it must be done in filings only, this is not true. There are plenty of laws that protect consumers against false advertising (deceptive trade practices) on both federal and state levels. Since PVE's website is part of the public domain and is being used as a means to sell shares to the public, if a complete and utter disregard for the consumer protection laws can be proved, PVE can be subject to a class action lawsuit whereby not only would the company be forced to compensate investors for any losses suffered as a direct result of the false advertising but their ability to conduct further business in any respect can be thwarted.
PV is well aware of this as well as many other legal factors that protect consumers. Just as he is very much aware of his rights under the law that protects him from defamation.
With respect to "forward looking statements", I certainly don't want to invest in a company that cannot look forward. And since US Law (I think it is the Private Securities Litigation Act) requires the safe harbor, the big deal is??? Looking forward, yay! Not looking back.
As it has already been stated numerous times, there are a number of investors that have gone beyond the postings found on social media and public filings to confirm the legitimacy and promise of their investment with PVE. Those of us that have done this understand that in very short order the accumulation of monumental events will be made public. When this happens, good luck chasing!
VDSC
That is what companies do when they go public...they sell shares to pay bills and to advance.
There is enough info out there on XUN to show that once they complete what they have set out to do, investors will be very happy. It's not like there is a mountain of evidence pointing to this being a scam. Things just haven't move at the get-rich-over-night pace some wanted it. But, the time is nearing and the company is being pretty transparent.
XNRG
You have to pay bills somehow, eh?
Diluter of The Week
We have a friend who likes to dabble in the stock market. As our friend does our friend becomes angered by something called dilution. That is where a company sells shares in the hopes of turning their investors money into profit. For example Microsoft, Google, Facebook and other companies needed money to grow. So in order to grow they sold stock and used the money to make more money. But our friend thinks some companies sell too many shares.
Currently our friend is very mad at XNRG. Our friend is hopping mad! LOL Our friend is hopping right now. Up and down and up and down.
Okay, before our friend hops too much we will let you know that our friend thinks XNRG is selling too many shares! Woah! Look! Our friend is hopping again. So funny.
XNRG is a penny oil stock and they have just drilled their first well. Did they sell too many shares? Only time will tell. XNRG is currently trading for .0003 on November 5th, 2013. Check back in often to find out how XNRG is doing and if our friend is right or wrong.
Should you invest in XNRG? Well that is for you to decide. If you invest $500 right now and XNRG hits big oil and goes to a penny you would make about $16,600 However if XNRG oil hits a little oil and goes to .002 you would only make about $3,300. If XNRG hits no oil you would break even if you sell right away or you could lose all $500.
Date XNRG Price
11/05/2013 .0003
I concur. I appreciate the answers and will incorporate them with information that I have obtained independent of the forum. I will be adding more in short order.
XNRG
I said: Every now and then if you look hard enough you will find some diamonds in the rough in pennyland. This is one of them. Just don't expect the required polishing to happen over night.
Ima add to that--it hasn't been just a night. As a matter of fact, has been many nights. With each night, Jerry has been polishing.
So.......
(Come on, now...everybody dance with me.....)
XNRG
There will be a two hour window for follow-up questions. Besides, the forum doesn't shut down after the Q&A. So, there will always be an opportunity to pose concerns about yesterday's trades. Jerry is pretty good about answering.
XNRG
Not at all. I suggest you take a closer look at my post.
Threatened?
XNRG
Pretty good stuff here:
$$$$$$$$$XNRGBlack GoldXNRG$$$$$$$$$$$$
XNRG
I will do!
MEDS
Yeah, because a handful of 1800-3600 USD transactions just scream of impropriety and mind-boggling dilution, doesn't it?
Very plausible the trades were connected to PAM.
And even if it was more dilution, it happens; bills have to be paid, fees & taxes satisfied, workers compensated, etc., etc... you can't get where Jerry is planning to get on good looks alone--you need money. Sometimes lots of it.
Every now and then if you look hard enough you will find some diamonds in the rough in pennyland. This is one of them. Just don't expect the required polishing to happen over night.
XNRG
I have been up to my eyeballs today...did anyone happen to confirm if this was dilution? This could have very well been connected to the severing that was announced today in the 8K. I find it hard to believe that with the additional time for counter questions tomorrow once Jerry provides his responses to the questions posed on the forum that there is not a sound reason for the dump today.
XNRG
That's because the ink is just about dry!
GO VDSC!
Huh? Do what? Let me know where the Texas Leases are and I will begin DD.
You said:
That denotes interest. I didn't ask for help.
I am keeping nothing hidden--the information is public. By virtue of that alone it is revealed and not hidden. Anyone can find it. And if you have access that goes beyond that of the RRC, I am sure you own a share or two of XUN, too!
XNRG
With all due respect, given that you still argued against the legitimacy of the Rice well permits & the legal time frame for DEP imposed production reports even after such was confirmed by two of us on this forum, if you have access to a database that exceeds that of the RRC yet you require someone else to provide the details of the Texas deal, doing such would be pointless.
The nature of XUN's work with respect to the Texas deal is public info. You can find it if you look for it.
XNRG
So you must be doing comprehensive searches on the RRC, too? Some pretty interesting stuff on there!!! Given the positive information that can be located on the RRC with respect to a certain deal XUN has publicly noted, I am not at all surprised that this has not been brought up by naysayers on the Q&A offered.
XNRG
You are very welcome! I am excited about getting the Q&A completed and helping to offer present & future MEDS investors a closer look at the great minds behind this great company!
Since we do have at least several more days before this is complete, feel free to send me a question or two to forward to John if one has come to mind since my initial invite.
MEDS
If PV dilutes tomorrow, I will cut off all my hair and donate it to Locksoflove.org.
He is a much smarter business man than that. There will be no dilution.
VDSC
In due course, all that shareholders require to make them feel all warm and fuzzy at night, will be revealed by PV. We are very close; the time is nigh.
Just go with the flow...it's rather soothing, actually.
Remember, you gotta think outside that box.
VDSC
Mooooooooooooothockey!Ya gotta pay bills somehow until you have a product to sell. Money doesn't grow on trees you know? Well, actually, it does but Jerry is in the oil business.
Don't forget now, Q&A invite. Tis your chance to ask pertinent questions and receive your answers from the man himself.
XNRG
MEDS---The good doctors & Mr. Salvador have been very busy so my "interview" has not moved as swiftly as anticipated. Mr. Salvador & I have agreed to conduct this in segments and are hoping to complete the Q&A next week. I will incorporate all in the final segment. But in the interim, the first three:
(John Salvador, J.D., COO, Medistem, Inc. Q&A with PG)
Q: With such a diverse corporate background what inspired you to join the Medistem Team?
I first learned about Medistem from the work of Thomas Ichim, Ph.D., who was the co-inventor of the Aethlon Medical’s exosome technology. Medistem represents to me a unique opportunity to leverage my investor relations and legal experience as well as an opportunity to continue working with a small cap company. Perhaps the pivotal event that convinced me of the potential in Medistem was the appointment of Alan Lewis, Ph.D. as its CEO. Dr. Lewis has previously headed several successful companies including Signal Pharmaceuticals, a company he grew from 9 employes and was bought by Celgene for $300 million. Dr. Lewis also sits on the board of BioMarin, a company with a $9 billion dollar market cap. Given Dr. Lewis’ success and that he believes in our technology and its clinical potential, to me signified that this was a once in a life time opportunity.
Balancing the intense work life with my young family. The schedule of running a public company, which is actively involved in clinical trials, and at the same time taking care of my family, makes it a challenge sometimes. However the rewards are well worth it.
The FDA division responsible for stem cells, CBER, has been very supportive of the industry and has been extremely open in our communications. In fact without their cooperation we would not have been able to get the IND approved so expediently. Most in the scientific community realize that stem cells and regenerative medicine hold great potential, however, there are risks associated with any new technology. We believe that the FDA has worked hard to strike the balance between protecting patient safety while at the same time allowing medical innovation.
Be that as it may, I am trusting the word of the state representative, to whom I provided the full contents of the most recent PR, that states emphatically that if they are mining they are doing so illegally and that it cannot be done for a profit. I don't think anyone is in this as a charitable offer in kindness.
No money from gold + R/S & 10 Billion A/S means zero bid very soon.
The below is a screenshot of part of the email conversation between Mr. Wittwer and myself. I have concealed personal information and cropped the unnecessaries.
The 8K that I missed before but read early yesterday morning that precipitated me confirming the legitimacy of the mining can be found at the below link.
BRZG 8K
I am sorry, but this is a scam. This CEO is in bed with Southridge Partners (Stephen Hicks) it is evident based on exec office address. Shoot, they might even be the same person. Who knows with Hicks!
Sorry, I sent the PR in its entirety to the Dept of Labor from which a search was conducted. There is nothing listed with the dept of labor that indicates any permits of any sort have been issued for the companies involved or in the county.
They are doing more than just digging a hole according to their PR's. Therefore, IF they have a presence in Alabama (probably do not) their efforts are considered illegal.
Given that PV has been repeatedly accused of lying & defrauding because some of his plans did not come to fruition as anticipated and because he has not had the most efficient approach to some things (and don't think for one minute he is not privy to the horrendous accusations made daily on this board) did it ever occur to anyone other than those that have gone beyond the message boards and OTC/SEC filings to educate themselves on their investment, that PV is waiting for the finalization of certain monumental undertakings before he makes all of this public?
There have been a number of very positive, noteworthy changes that have happened in a very short period of time. There is plenty of evidence that has been provided by way of dd and published information by PVE that something incredible is about to unfold. Perhaps, just perhaps, given what the man has been accused of, he is awaiting until ALL THE INK IS DRY before he pops the cork and let all the bubbles flow over. That time is very, very near.
It is called strategy.
Ever think about that?
VDSC
Nope. Unless folk are interested in pursuing this with the SEC. I think the State of Alabama has a slight interest in this now. So, might be easier than normal getting through with your consumer complaint with the SEC and the DOJ soon enough.
Yeah, Conrad Huss is a bottom-feeding scumbag. Any business with the same official address as Southridge Partners has to be corrupt. I stumbled upon an 8K from August that I had not seen before that raised a serious red flag so I had to do some digging today.
This is one big scam.
URGENT ALERT: FROM ALABAMA DEPT OF LABOR If they have any mine over one acre they are mining Illegally. No one has mined an ounce of gold in Alabama since 1860. There is gold there but you can not get it out at a profit. Do not invest any money with them.
Per an email communication received just five minutes ago from Brian Wittwer of Dept. of Labor, State of Alabama:
This was in response to my license & permit query and after I submitted to him the recent PR by the company.
Verifiable links to back your assertions please.
Verifiable links to prove that there are not other matters presently at play (such as on a local government level, etc., etc., etc.) that are a cause for the "delay".
Do you have any verifiable links to ANY of your assertions? Any AT ALL?
XNRG
Indeed it is. It is a shame that given the fact he has been pretty darn transparent and there is nothing easy about running a company, let alone a public company, that he has to go to these lengths since the forum is operational 24/7. But, perhaps this will shut some up and Jerry can then divert any attentions he is presently paying to the trivialities and focus 100% on what he NEEDS to do.
XNRG
Mooooooooooooooootunctory! (another one of my words)
See you at the Q&A that Jerry has offered his investors and all interested parties.
XNRG
Outstanding!
Xun Energy would like to cordially invite you to join Xun President Jerry G. Mikolajczyk for a Q & A session on Tuesday, November 5, 2013 from 11 AM EST to 1 PM EST.
topics of discussion will be:
1. Venango Oil Well Project on Pennsylvania
2. Update of Texas projects
3. Status of Form S1 Registration
4. update of Energy Storage operations in Florida
The cutoff for questions will be noon EST on Monday, November 4, 2013. Questions off topic will be deleted.
Thank you for your continued interest and support of Xun Energy. We look forward to answering your questions next week.
Edited by user about 5 hours ago | Reason: Not specified
I concur. He does a pretty good job of answering and it doesn't appear he deletes challenges on the forum, either. Pretty straightforward means to communicate with a CEO that is hard at work in my opinion.
XNRG
Mootiny (my word) gets boring.
No need. When Jerry graces us with that fantastic PR that will give credence to what he has claimed thus far (over and above that present already that is) this will run and your charts will still be moot!!!! Except for those charts that are showing that kaboomage climb, of course.
XNRG
Moot.
XNRG
You just negated the entire FACTUAL premise of my post.
Your chart is not worth the data required to generate it. This is often times the case in pennyland.
XNRG
You mean that chart that is based on present market sentiment due to the dissemination of erroneous and defaming information by some "investors" and the lack of jack-rabbit movement by the company? Gotcha. Well, when at last Jerry does release the material information that debunks the information and reiterates the company's progression, that chart will be moot, wont it?
XNRG
The XUN website as well as dd provided by some on this board indicates otherwise.
Sorry it's not moving at a more rapid pace.
XNRG
Opinion is opinion and is not fact. You are entitled to your opinion. But, fact trumps opinion, like it or not.
Jerry is alive and well as per the XUN forum which was recently updated by the man himself. FACT.
I believe credibility is the word you're looking for. I find his responses to the queries that are posted on the XUN forum (responses that, btw, can be used against him in legal proceedings if found to be misleading for the purpose of defrauding shareholders. As are email, text messages, facsimile, etc., etc., etc.,) to be very credible. Just as credible as a PR actually given the weight such holds in legal proceedings.
A PR will come, however, when material information dictates such.
XNRG
To accuse PVE & Lanham of fraud is a pretty bold accusation: Both the VDSC annual report and the attorney opinion letter are blatantly fraudulent!!! (VDSC Sticky/Post # 80159) Fraud a false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been. Fraud (frôd) n 1 a deception deliberately practiced in order to secure unfair or unlawful gain 2 a piece of trickery; a trick 3 a one that defrauds; a cheat. Randall Lanham is a California-licensed attorney with experience in securities law and corporate finances. Mr. Lanham has experience in both domestic and international corporate legal matters, with demonstrated effectiveness in corporate reorganizations and business operations. Mr. Lanham's business experience coupled with solid legal background in corporate and civil law positions him perfectly for his work at the helm of EVG, where his goals are to control costs, establishing customer and vendor relations, and increase internal productivity directly generating improved bottom-line profitability. Education and Associations : J.D. Whittier College School of Law; B.S. Criminal Justice/Political Sci., U. of Delaware;. State Bar of California - 1993.
The simple definition of Fraud being:
Given that Randall Lanham is a licensed attorney, noted as being in good standing with the California bar as there are no public listings of any type of disciplinary or administrative actions, to accuse of fraudulent behavior is, again, pretty bold.
California Bar Randall Lanham:
Lanham Ca Bar Assn
Little snippet from his P/F report card:
Further, unless the information contained within an SEC investigation is exempt from the FOIA (there are nine exemptions and rarely do most pennyland cases qualify), the information with respect to SEC investigations is obtainable by the public for it is public information. A comprehensive search can be time consuming but can be very revealing, of course. Given that Mr. Lanham is no stranger to SEC & DOJ scrutiny for corporate related matters, including SEC requests for clarification, there is nothing present within the public domain, that have been located thus far, that implicate Lanham as being considered guilty of fraudulent activities. He is a lawyer and by virtue of this has probably represented some pretty unsavory people. But evidence of, he being fraudulent, no. And considering that his record with the California bar shows him as being clean, it is safe to assume he is not presently under any type of investigation for fraudulent misconduct. So, should be safe to deduce that he is not going to risk such for the sake of little ole PVE.
We have already established that PV is not always with it with respect to documentation and administrative responsibilities, but a FRAUD? Not hardly. And since Lanham is experienced in securities law, am pretty confident he understands the implications of filing fraudulent information and is therefore confident in the documentation that bears his signature. Risk disbarment, FBI or DOJ investigation, and a MAJOR suit to assist in defrauding shareholders for little ole PVE? Don't think so.
PV has reiterated that although prior financing did not materialize as anticipated (it happens in business) there IS financing in place. And let us not forget about the 144A.
A friendly reminder about the 144A (from yesterdays post):
VDSC--In July 2013, the SEC effectuated changes that govern the 144A making it easier for businesses, both public & private, to garner investments by QIB's (qualified institutional buyers):
Quote:
Amendments to Rule 144A
Securities can be offered to people or entities other than QIBs, including by means of general solicitation, as long as the securities are sold only to people or entities that the seller and anyone acting on its behalf reasonably believe is a QIB. This change is not expected to have as significant an effect on private capital raising as the changes to Regulation D because Rule 144A addresses resales, not primary offerings, and the pool of QIBs is much smaller and easier to identify than the pool of accredited investors. How we see it The Commission is giving issuers the flexibility to adopt different approaches to meet the verification requirement and adapt to changes in market practices. However, since the issuer has the burden of demonstrating that an offering is exempt from registration, companies will need to closely evaluate and retain adequate records of the reasonable steps taken to verify accredited investor status.
Disqualification of bad actors
The rule disqualifying bad actors from participating in offerings under Rule 506 of Regulation D applies to issuers (including predecessor and affiliated entities) and their directors, executive officers and 20% beneficial owners and to investment managers, underwriters and other promoters, including their directors and executive officers.
Quote:
Reasonable steps to verify accredited investor status
In the final rule, the SEC did not mandate specific steps for entities to meet the verification requirement. The SEC expects issuers to apply a principles-based method based on the facts and circumstances of each transaction to determine what steps are reasonable.
However, the rule lists the following methods that, if used, would satisfy the verification requirement for individual investors:
• Reviewing copies of any Internal Revenue Service forms that report income, such as a Form W-2 or Form 1040, along with a written representation that the individual reasonably expects to earn a similar amount in the current year
• Reviewing documentation supporting the amount of assets and liabilities to validate net worth, including a consumer credit report along with a written representation that all liabilities have been disclosed
• Receiving a written confirmation from certain third parties verifying accredited investor status
• Obtaining a certification from a purchaser who invested in an issuer’s exempt offering prior to the effective date of the new rule that he or she remains an accredited investor for purposes of a new exempt offering.
The reasonable steps standard applies only to issuers that solicit investors under the new rule. An issuer can still use the Rule 506(b) exemption to sell an unlimited amount of restricted securities privately to an unlimited number of accredited investors without meeting the reasonable steps standard if it does not engage in general solicitation or general advertising.
Given when the 144A was initiated, I am assuming the new rule is applicable (I can't say for certainty since I haven't confirmed all applicable dates). That said, given all that has transpired coupled with the beautiful volume of yesterday, springing seemingly out of nowhere, it appears, to me at least, that PV has proven himself and his dream to at least one high roller investor who is jumping in and in a big way. Again, he just can't approach an entity that qualifies and insist "I am good for it". He had to have proved himself to these folk large enough to be considered a QIB.
There is so much more going on at PVE than meets the eye, imho.
VDSC
LOL! And filings & PR's don't? Scoured the SEC database lately?
The PR will come when material information dictates it. Until then, we wait for Jerry, et al to complete what they started so that they can offer something tangible to shareholders. That is how business works.
XNRG
You could always peruse the XUN website. That is what it is there for.
XNRG